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obama is taking his fight over the fiscal cliff today heading to hatfield, pennsylvania. he is going to tour the rhodon group manufacturing facility. >> that's a place the white house says is one of the many businesses that depends upon middle class shoppers this holiday season. rhodon manufactures connect brand. that time group sells toys like angry birds building sets and tinker toys. at the end of the year, as i am sure you know by now the average middle class family is facing a 2,000 dollar tax hike. on monday of this week the white house released a report saying that could be americans spending $200,000,000,000 less in 2013. the president will continue to push his message but is it time to reach a deal over the fiscal cliff? but the g.o.p. is not so keen on a deal, at least the one the white house presented yesterday. the first offer from president obama and treasury secretary timothy geithner included a $1.6 trillion tax increase along with an extension of the payroll answer it cut and unemployment insurance and a request for $50,000,000,000 worth
, americans welcome to "the ed show" from new york. president obama is winning a major class warfare battle with republicans and they are on the road. this is "the ed show" e. let's get to work. >> the president was committed -- selected on the basis he was not romney. and you should vote against romney. >> big money interests have their backs up against the wall in the white house knows it. tonight congressman debbie wasserman schultz on the president's mandate on fairness. >> the election may be over, but the conspiracy theories live on. >> i suspect these tough chicago guys knew about this affair for awhile, and held it in their back pocket until they needed to play their card. >> the latest right wing freakout over general petraeus. >> and if you have better ingredients and better pizza, why not better health care? sam stein on papa john's problem with obama care. >>> good to have you with us. thanks for watching. more bad news for republicans this week. their history of obstruction is coming back to haunt them. president obama made it clear friday he will insist on getting rid of the b
fiction and has strong words for john mccain. >>> president obama meets with house and senate leadership to avoid the fiscal cliff. >> i think we're all aware that we have some urgent business to do. i think all of us agree on this and this is action. >> we'll have congressman chris van hollen here to expose the problem. >>> governor scott walker joins rick perry in opposition to health care. john nick els joins us with the latest. >>> secessionists are coming out of the woodwork. wait until you hear their reasons. >> good to have you with us. thanks for watching president the right wing afelt to gin up a scandal is falling apart. republicans have declared the president is covering up information about benghazi. republicans gave us a pregame of accusations, involving ambassador susan rice. some house members say this is worse than watergate. >> this is not simply a coverup of a third-rate burglary. we have four of our diplomatic personnel dead and it has not a mccarthy era tactic to demand that the american people ares no misinformed about it to the point that they don't know what the th
is not allowed to leave the union. thanks for watching. president obama came back to washington to fight for fair deal on taxes. today he called on his base. i love it. he went right to the folks who put him in the white house. president obama held his first official closed door meeting with groups from outside the white house. the invited guests were all leaders of labor organizations and progressive think tanks. compare this list to the guest list for tomorrow's meeting. 12 of the most powerful ceos in american business. this schedule was not a mistake. president obama was letting the middle class and the workers of this country know, you come first. aflcio president is confident the president will keep his commitment to the current tax rates for the middle class. >> the president led with that notion of protecting the middle class, and now you have republicans that have it in their power. they could sign a bill tomorrow that protects the middle class, and we'll see what they do. are we going to push them on that? without a doubt we're going to push them on that. are we going to collectively st
show" from new york. president obama is set to launch an offensive to save 9 8% of americans from a republican tax increase. this is "the ed show." let's get to work. >> e we should not hold the middle class hostage wild we debate tax cuts for the wealthy. we should at least do what we agree on and that's to keep middle class taxes from going up. >> preserving tax cuts for the middle class. tonight chris van hollen and jan schakowsky and the latest on the fiscal cliff. >>> the meet iing with the president looks good for progressives. we'll get the scoop from james hoffa. >>> plus breaking news. republicans running the benghazi witch hunt remain disturbed and troubles. >> i'm more disturbed and significantly troubled. >> i'm more troubled. >> joan walsh on today's big meeting with susan rice. >>> and yesterday ricks rolled fox news. >> i think that the emphasis on benghazi has been extremely political because fox was operating as a wing of the republican party. >> today fox news strikes back. >>> good to have you with us tonight, folks. thanks for watching. the white house is keepi
the intelligence community. there could be some substance to the plan that president obama plans to nominate her for secretary of state. she will meet with other lawmakers later this week. president obama has been unwaiving in his support of her calling republican attacks on her outrageous. >> according to official announcement, the president of mexico and the president plan to talk about economic development and bored concerns. while there is no second sit down scheduled for the president and congressional leaders he did speak to john boehner and harry reid over the weekend about avoiding the fiscal cliff. the president will meet with small business owners today. tomorrow he meets with middle class americans who would be affected by tax hikes and more business leaders. friday he's going to travel to hatfield pennsylvania where he will give campaign style remarks to get support for congress to negotiate the right kind of deal. we are back with more steph after this. ♪ [ ♪ theme ♪ ] >> announcer: ladies and gentlemen, it's the "stephanie miller show." ♪ >> yahoo, it is the "stephanie mill
would president obama want to put her out there if she has confirmation hearings? they'd gotten away with the lies and cover-up. the mainstream media ignored it and moved on. people not only are going to ask about benghazi, who told you to do this, why are you and not secretary clinton go out? now they're going to talk about the bombings in east africa in 1998. to me it's political suicide. it will cost too much political leverage that obama needs to spend elsewhere. >> sean: what are we to make of this? especially when i look at the words used prior to these embassy bombings, richmond, what do i see? the embassy was warned. washington, quote, was alerted to the embassy's extreme vulnerability and called for assistance. i mean, so very similar to benghazi, and assistance denied again. >> well, in both cases assistance was denied. i think in the august 7th, 1998 bombings, which killed 228 people, and injured more than 4,000 bombings, including two u.s. diplomats. the benghazi attack involved almost 100 people. some of them wearing after fan clothes, according to libyan intelligence, u
. >> stephanie: oh, boy. speaking of paul. another paul. i hear things romney mentions as gifts from obama, but those are a function of government. no one is making the obvious statement that it was romney's campaign was promising cash in the form of a 20% tax cut. there is no better gift. thank you paul. stephen with some new thinking on the fiscal cliff. steph, how about if we push the republicans off the fiscal cliff and we ride our ponies back counsel the hill of multi racial community picnic event. what did a dressage pony. i'm going to name nine mine stormy. >> it took a big bite out of my bone. >> stephanie: who is the biggest sore loser. mitt romney or john mccain. >> sound bite: oh, my god. >> stephanie: susan rice is not qualified to be secretary of state because she's not very bright. but sarah palin was the best choice to be vice president. [ bell ringing ] there is that n. did you see this, he got in a spat about why he was having a press conference instead of going to the committee meeting where he would get the information that he was screaming for. >> here he is screaming a
authors, "barack obama: the story," his book, first half of the two volume biography of the president. "the new deal: hidden story of change in the obama era," and the t.a.r.p. administrator writing an inside account of the experience called "bailout" so right now, that's beginning in a few minutes, but right now, we'll watch mr. patterson live here in miami. [inaudible conversations] >> hey, up there, yeah, yeah, yeah, if you come up there we'll do it. byrn-- bye-bye, thank you. you're going to the wrong one. [inaudible conversations] feels like one of those movies. [inaudible conversations] okay. right here? yeah, if you could, that would be great. okay. hi. here you go. first in the line, excellent. [inaudible conversations] thank you, thank you. hi. hi, how are you? >> okay, good. >>ed -- good. >> thank you so much. >> this is probably worth a little money. hi, how are you? >> nice to meet you. >> nice to meet you. [inaudible conversations] from the miami area? >> no, i drove down here from clearwater. >> wow happen how long is drive is that? >> about five hours. >> really? wow. w
as secretary of state and she may not be. obama could decide to go with john kerry or jane armen or who knows who else, right? susan rice has to go up to the united states senate today and meet with -- she will, meet with john mccain and lindsey graham and a couple of other senators and try to explain herself. she shouldn't have to do that. i think it is embarrassing. kevin is calling from chicago. what do you think kevin? >> caller: hey, how do youing, bill? >> bill: good to hear from you. >> caller: if they were a legitimate news organization, wouldn't you go with the fact -- take whatever your guest says and you go with it. but since everybody knows they're the mouthpiece of the republicans, i find it amusing that they're so inept they don't even see what their guest is going to say. it is like how dumb are they? it just reinforcing the bumper sticker on my car as i drive to work this morning. fox news, the more you watch the less you know. >> bill: i like that! send me one. where did you get it? kevin, it let me t
mitt romney will have a private lunch with president obama tomorrow. it will be their first face-to-face meeting since the election and oh, to be a fly on the wall. makes you wonder if they'll be talking about this, the austerity crisis, better known as the fiscal cliff facing washington and the country. this hour president obama will speak live at the white house flanked by middle-class families whose household budgets depend on congress reaching a deal by january 1st. his latest effort to use his bully pulpit. nearby on capitol hill, both parties are meeting behind closed doors at this very minute. each side hashing out where they are willing to compromise and where they are drawing the line in the sand. >>> the other big story we're watching for you, a second round of sitdowns for united nations ambassador susan rice, who's in an all-out campaign of her own to face her critics. after three republicans issued blistering comments yesterday, this morning rice is meeting with republican senator susan collins of maine and in an hour is expected to meet with senator bob corker of te
might be stuck. a senior administration official told us that president obama and john boehner had a phone wallace night and politico was reporting that the phone call was curt. they said on the call john boehner told the president to leave the tax cuts for the rich alone. the president says he doesn't want to do that. he's going to stick with his plan to raise $1.6 billion in revenue and if republicans have something better they should be specific now. eric cantor said republicans are already going further than they did in the same spot in 2010. >> we have done our part. we have put revenues on the table, something we didn't do two years ago during the debt ceiling negotiations. >> we've seen some positive developments in the last several weeks, in terms of what republicans have been saying about the need for revenue as part of a balanced package. the president will continue to make the case that that is essential. >> reporter: so both sides saying revenue is on the table, now the fight is obviously to figure out where it's going to come from, how the government is going to make m
this evening president obama will host the cast and crew of the movie "lincoln" for a screening at the white house. he is coming off a very important news conference yesterday. not only was this the first since his re-election, it was also the first he's held in eight months. several reporters did want to talk about the general petraeus scandal, of course but the president fortunately did get to spend a lot of time on the fiscal cliff which is what he was hoping for. while left room for a compromise by not taking a hard, red line on taxes he did say that he will not extend cuts for the rich. >> obama: when it comes to the top 2%, what i'm not going to do is to extend further tax cut for folks who don't need it which would cost close to a trillion dollars. >> senate democrats are hoping he will stick to that claim and not compromise. with republicans they're asking the president not to cave in on talks over the fiscal cliff. those do start tomorrow. west virginia's jay rockefeller and iowa's tom harkin are passing
the irony here is that obama and boehner still have no plans to meet themselves face-to-face. the two did meet before congress' thanksgiving recess along with the other two three members of the house and the senate. they had plans to meet again this week but still nothing is scheduled. it is not a great sign and shows that the two groups are practically incapable of working together. the last time obama and boehner tried putting together a big deal over the budget, that completely collapsed and this time around, the american people are getting less and less optimistic that congress will be able to reach a deal before the tax hikes and spending cuts kick in just 33 days. it is going to look bad for congress if they cannot get this done and some republicans are saying it's time to give in. politico's also reporting oklahoma representative tom cole told his g.o.p. colleagues yesterday to move forward with the president's he plan to extend the tax breaks for everyone except the top 2%. cole said that he does not agree with raisin
let us wait. let big bill wait. see how the second obama term starts off. learn how the country's doing. watch, listen, enjoy life in this country. you have four years traveling the world. kick back and enjoy this country. i wish her well. that's "hardball" for now. thanks for being with us. "politicsnation" with al sharpton starts right now. >>> thanks, chris. and thanks to you for tuning in. tonight's lead -- seven days later, and paul ryan still can't handle the truth. one week after president obama crushed the gop, congressman paul ryan returned to his day job on capitol hill today, carrying his own bags, like much of the republican party, he still seems dazed about the national rejection he took. and in an interview he told a local tv station what it felt like to lose. >> what it had become clear to us as things went on, in avirginia and ohio weren't coming together, that it looked to me some time early in the evening that it just wasn't going to happen. >> and what did that feel like for you? what -- >> it was very disappointing. we had good days, bad days. it was a great
's lead -- seven days later, and paul ryan still can't handle the truth. one week after president obama crushed the gop, congressman paul ryan returned to his day job on capitol hill today, carrying his own bags, like much of the republican party, he still seems dazed about the national rejection he took. and in an interview he told a local tv station what it felt like to lose. >> what it had become clear to us as things went on, in avirginia and ohio weren't coming together, that it looked to me some time early in the evening that it just wasn't going to happen. >> and what did that feel like for you? what -- >> it was very disappointing. we had good days, bad days. it was a great experience. i'm very fortunate to have had this experience, but losing never feels good. >> no, losing doesn't feel good. but not learning the lessons of that loss isn't good either. at his core this election was about fairness, giving, everyone a fair shot. congressman ryan doesn't -- he doesn't get it. >> was this a referendum on your budget plan, do you think? >> i don't think we lost it on those budget is
'm mad at you now. good morning. president obama is cambodia today attending summit meetings but his attention is divided as violence continuing to rage in the middle east. the president has been working the phones and speaking with israel prime minister and egyptian president. hilary clinton had been traveling with the president, but now she is on her way to the region. she will meet with netenyahu in jerusalem. more than 100 palestinians and 7 israels are dead. the president warns against escalating the conflict by sending in ground troops. both seem to be open to egyptian lead negotiations. hamas wants to stop all attacks, israel says hamas has to stop firing on israeli southern cities, and put an end to weapon smuggling. we're hearing that the egyptian president expects israel aggression to end later this morning, but we'll bring you more info when we have it. back after the break. ♪ [ voice of dennis ] allstate. with accident forgiveness, they guarantee your rates won't go up just because of an accident. smart kid. [ voice of dennis ] indeed. are you in goo
minister. that's in our 7:00 hour. >>> here at home, president obama will have the four top leaders of congress over to the white house today to begin talks on avoiding the fiscal cliff, which could plunge the u.s. economy back into a recession. both side say there is room for compromise, but at the same time, it appears democrats and republicans may have dug in on their long-held positions concerning tax hikes and spending cuts. jill doherty is in our washington bureau. good morning to you. >> good morning. >> jill, both sides have said they are optimistic about a deal here. they're also not budging on some key issues. >> yeah, i mean, there is some room around the edges, but essentially, and this is the the opening gambit, of course. they're both talking about taxes. the president saying -- and revenue. the president saying that he wants more revenue from the wealthiest americans and the republicans and especially mitch mcconnell, who's the senate minority leader, he's taking a tougher stand than even boehner. let's listen to both of those positions. >> let's be clear. an opening
president obama. james carville and ari fleischer, they are here this hour. we're going to talk about the gop's hand wringing and back stabbing. i'm wolf blitzer. you're in "the situation room." >>> hamas militants -- [ gunfire ] -- there they are. hamas militants in gaza keep unleashing rocket attacks on israel and get alarmingly close to jerusalem. a new provocation as they continue the air assault on what it calls terrorist targets in gaza. the death toll is rising along with fears of an all-out israeli ground invasion. the israeli cabinet has just approved the call-up of 75,000 army reservists in addition to the troops already positioned along the border with gaza. a visit to gaza by egypt's prime minister failed to stop the bombardment and pull the region from the brink of all-out war. u.s. officials blame hamas for starting this conflict. but they are also urging to be measured in its response. the defense secretary leon panetta says israel and the palestinians need to negotiate a more permanent piece -- his words, a more permanent piece in the region. our pentagon correspondent
with republican congressional leaders on friday. president obama plans to open negotiations by calling for a $1.6 trillion in additional tax revenue over the next decade. that amount is likely far more than republicans would be willing to accept and double the amount that speaker boehner had offered the president during their debt negotiations last year. today the president is scheduled to meet with ceos from a dozen companies. there's some of them on your screen. general electric, ford, ibm all playing a part. they'll discuss ways to work together and try to find a balanced approach to reducing the deficit. during a closed-door meeting yesterday with union leaders and liberal supporters, president obama reportedly vowed that he would, quote, not budge when it comes to letting the bush tax cuts expire for the country's highest earners. labor leader and president of the afl-cio, richard trumka, was among those at the white house meeting. he said he and the president are on the same page. >> we're very, very committed to making sure that the middle class and workers don't end up paying the tab fo
to be a good show. peter? >>> president obama is scheduled to hold his first post-election news conference, expected to face a barrage of questions about general david petraeus's admitted affair, the time line of this investigation and when exactly the president was told about it. meanwhile, the white house says the president still has faith in john allen, the current u.s. commander in afghanistan who is now under investigation by the pentagon's inspector general for what officials describe as potentially inappropriate e-mails with one of the women directly involved in the case. nbc's chief foreign affairs correspondent, andrea mitchell, has more on an ever-widening story. >> reporter: the scandal involving two very different women, tampa socialite jill kelley and petraeus biographer and former mistress paula broadwell ensnared not only petraeus but his successor. marine general john allen who took over from petraeus in afghanistan and is the president's choice to be supreme allied commander of nato forces in europe, a nomination now temporarily on hold. >> thank you for all that you have
obama has spoken. he's promised he will not sign any bill that mortgages our future to pay for handouts to the wealthiest 2% of americans. i only hope house republicans have been listening. >> we've been responsible, even as we've remained firm on this point. no tax increases now for promised spending cuts that won't materialize later. >> hardly a political plug there. cnn political director mark preston is live from washington this morning. mark, so far there are no formal fiscal cliff talks scheduled at the highest levels. but the white house just announced that president obama is going to be going to pennsylvania on friday to try to sell his version of the tax plan to the american people. is that going to help things? >> well, john, you know, it's a dual strategy right now that we're seeing develop in these negotiations over the fiscal cliff. the first strategy, of course, and the first bullet point is when president obama gets together with congressional leaders and they try to get some kind of resolution. the second bullet point, though, is to try to pressure the republican party a
. it is chile, right? martha: turkey chile. bill: president obama hosting governor mitt romney for a private lunch at white house. this is the photo released by the white house, shaking hands at the oval house. they had a lunch, hour long, no media or press cameras. press press was asked about it. listen here. melissa: nothing is preventing you from speaking with governor romney about it. well, that is obviously up to former governor romney to decide whether he wants to have a conversation with you. and, you're welcome, when the president, next appears before you to ask him about it. we will provide a readout. but we didn't, i think they wanted to have, each man wanted to have a private conversation. they didn't want to turn it into a press event. bill: we hear that governor romney congratulated the president on his campaign and wished himself. they promised to stay in contact if there are opportunities to work on shared interest. don't hold your breath. martha: a new government report out shows americans cut back on their spending last month and saw no growth in their incomes. the commerce
chronicle," less than a week from president obama's election, petition from texans to secede from the union. similar petitions have been filed on the white house website from a number of states from florida to oregon. the white house has promised any petition that gained more than 25,000 signatures would get serious going over. and way to be constructive, guys. >>> the washington post, holiday shopping. >> it is. >> created a new term in the retail wars, black thanksgiving, big box stores like walmart, toys r us, and sears would open their doors at 8:00 in the evening on thanksgiving day instead of at midnight. retailers are trying to make the most of what could be an average at best shopping season. time to go to politico. >> don't you sit around at night watching football games or the first christmas show, like rudolph? >> yeah, it's family night, but then again, the economy needs it, so i'm not sure. >> did you see bobby jindal? >> yeah, saying what you said. let's go to the politico playbook's executive editor jim vandehei. in the wake of mitt romney's loss, how are folks in the gop lik
after president obama? >> no. >> stephanie: why not? >> because. >> stephanie: okay. >> no, he can't be. >> stephanie: fine, you're constitutional scholars but i'm not. >> the server crashed at 11:13 they bounced over to -- i don't know where they went -- but they were able to keep them from flipping the votes. that's why rove was so stunned. that's why he didn't bother to write -- >> stephanie: somebody said that. wonder if we can hack it back. maybe we did. >> that's what i called for back then. >> stephanie: except for when we did it it wasn't cheating. it was just winning. winning. drinker. what? is it too late for charlie sheenism? the headline is g.o.p.'s benghazi conspiracy falls apart. white house did not change susan rice's -- any apology to susan rice yet? >> it is not the policy. >> stephanie: for you to apologize ever? not the policy for you not to be bitter? >> clouds! >> fox news dropped benghazi yesterday. >> stephanie: interesting. we'll talk about that when we get back. 17 minute
president obama's proposal which includes a $1.6 trillion tax increase, a $50 billion economic stimulus package and new power to increase the debt ceiling without congressional approval. the offer featured higher tax rates for households making over $250,000 a year. a one year postponement of the sequester and about $400 billion in savings over ten years for medicare and other entitlement programs. >> despite the claims that the president supports a -- >> thousand is the time fnow is republicans to move past the happy talk about revenues, ill defined, of course, and put specifics on the table. the president has made his proposal. we need a proposal from them. >> today president obama is taking his pitch on the road. he will be visiting the philadelphia suburbs employing campaign style tactics in hopes of mobilizing the public to his side. he'll be speaking at a manufacturing facility arguing that businesses it depend on middle class consumers over the holiday season. despite all this, you see the futures today indicating higher. dow up by about 35. does that surprise you guys? >> no, i
. >> the senate has spoken. president obama has spoken. he's promising he will not sign any bill that mortgages our future to pay for handouts to the wealthiest 2% of americans. i only hope house republicans have been listening. >> we've been responsible, even as we've remained firm on this point. no tax increases now for promised spending cuts that won't materialize later. >> cnn political director mark preston is live from washington this morning. very nice to see you, mark. so the house is back in session today, and so far there are no talks scheduled between top republicans and the president, we understand. >> no, that's true, zoraida. in fact we haven't seen the congressional leadership and president obama meet since november 16th. now there were staff discussions over the thanksgiving holiday. they don't seem to be as productive as some people had hoped, as you said, we are now 35 days until the fiscal cliff. what we do know, though, is that president obama did reach out to house speaker john boehner. he is the republican, the senate majority leader harry reid the democrat over the weeken
by ambassador rice and president obama 3 weeks before an election. bill: that was behind sa -- that was lindsey graham. you are on the record saying you will not support her if she is nominated for secretary of state. but not just because of libya. what is the problem. >> let me clarify that. my first thought is what if susan rice was thrown under the bus and they all knew she didn't have the information from the cia. then i thought you would have to feel sorry for her. since yesterday talking to some of those to whom she talked i'm convinced in my mind that she is part of the coverup, she knew all the time the cia information that was given to her. but your point is very good. i could not support her in the secretary of state if she is nominated. bill: give me a reason why. >> she is on the wrong side of the membership of the u.n. palestinian authority. she is on the opposite side of where i am. she has kept on funding you necessary cowhich is in violation of instructions given to her through law. she is on the opposite side of every issue that i am. for that reason i would have opposed her an
in it. we're used to obama negotiating from a position of compromise first. this is clearly -- >> that's just not true. that's nonsense. >> this is the important part. >> no, that's nonsense. >> this is the important part. >> i've been hearing since the election, oh, the president has to be tougher this time. where was everybody the first two years of his presidency where he shoved his health care plan down republicans' throat? he made sure he got it without a single vote. is that compromise? >> i don't want to get sidetracked -- i could, i guess. with respect to this, though, it seems pretty clear to me that what we're going to end up have happening here is that republicans now will come back and say one of two things. one, rip all the stimulus out of this proposal, and that includes mortgage relief, the $50 billion that you talked about. that includes all the additional spending in there. and then we can start talking. or two, let's get that $1.6 trillion in tax hikes down closer to $800 billion in tax hikes. and either way, boehner gets to go back to his caucus and say, i scored ver
-election, president obama took exception to republican senators critical of rice saying, quote if they want to come after anyone, they should come after him, after me. bill: he said it with force. kelly, thank you. waiting on the meeting in washington. martha: ambassador rice, reportedly as we were saying one of the top candidates to replace secretary of state hillary clinton and the president seemed to lay down the gauntlet to senators mccain and graham if the first news confriends after the election. kelly referred to this moment. let's look at it from november the 14th. >> if senator mccain and senator graham and others want to go after somebody, they should go after me. martha: that is really the feistiest moment of that news conference. the president, who you see here, with ambassador susan rice and former president bill clinton and others they are described as close and president obama made it clear that republican opposition from will not keep him from nominating her for second irat that of state if that is what he decides to do. so we will see. big moment coming up in 26 minutes from now on
people. >> did you see this, obama is flexible on highest tax rates. >> administration official. white house officials later signaled that. he didn't signal it in anything he said. >> i spoke to a couple who were at the meeting yesterday, some of the executives, who felt, and this is like the implied feeling that he was now more willing to deal on the highest rate. >> did you hear anything about spending cuts or entitlement reform? >> two conversations are taking place. one if the public trying to get them behind you. the other is whether you're actually saying to the people you're negotiating with. and when you saw the signal, it was like, okay, maybe they'll get to that, i don't know, 37% or 500,000 or something. what we had been talking about two weeks ago. maybe that's where they're headed. stocks did gain ground on optimism around the idea that we could reach some sort of a deal to overt the fiscal cliff. the dow closing more than 100 points higher after being down by more than that during the session. a swing like that hasn't happened since october 2011. u.s. equity futures at th
affair. >>> steering clear of the fiscal cliff. president obama welcomes congressional leaders to the white house this morning. the same players, of course, who couldn't solve it last time. can they break the gridlock before it costs all of us? >> and what started as a tribute to heroes ends in disaster. a freight train slams into a parade float carrying veterans. everyone asking the question why. >> have a busy show for you. the israeli deputy foreign minister danny eylen is going to join us. a former director of the budget office, peter orszag is our guest. actress jada pinkett smith and kelly reilly from the new movie "flight." it's friday, november 16th. and "starting point" begins right now. morning, welcome, everybody, our starting point this morning, israel mobilizing thousands of troops for a possible full-scale ground war with hamas. violence in the region intensifying overnight. the palestinian militants launched hundreds of rockets into israeli territory. air raid sirens sounding in tel aviv. that's the very first time that's happened since the gulf war. israelis res
carlson. i hope you have a fantastic weekend. it is it a compromise. is it ready though. obama style. the president makes an offer to avoid the fiscal cliff. lso where are the cuts? we are live in washington with the details. look at that guy. a construction worker walks in a convenience store checks his number and walks out perhaps a multimillionaire. we'll tell it to you straight away. >> officer and a gentleman. you will hear from the cop who spent his hard earned cash to buy a pair of socks and shoes. he pet them on him. "fox and friends" starts right now. ♪ ♪ ho, ho hompt >> indeed. rick it is not christmas time here in new york city until rick descends down one of the tallest buildings in connecticut and there he is. screen left from last year screen right. when he bumped into the building. good morning to you rick. >> some traditions like fruit cake that shouldn't happen . maybe it is one of those tradition. you do it once and this is a building here. give you a shot from the top going down. it gets a little dark there. it gives you an individual. tan ford downtown height
their deductions? close loopholes? or raise their tax rates? today president obama meets with small business leaders continuing his push for higher taxes for the wealthy. a new white house economic report warns if tax breaks go away, the average middle-class family will owe uncle sam another $2,200 next year. >> it seems to be the thing that we can all agree on, that middle-class families should see an extension of these tax cuts. >> reporter: some prominent republicans who have been dead set against raising taxes on anyone now hint they may consider other options. >> we've been open to revenue by closing loopholes as long as it's tied to spending cuts and pro-growth tax reform that brudens the base and lowers rates. >> you don't raise rates, you just cap the amount of itemized deductions that taxpayers -- it hits the wealthy. >> reporter: the bottom line, republicans say americans borrowing too much money trying to keep medicare and social security afloat. lawmakers with the fix-the-debt coalition meet here tomorrow. >> there's going to come a point in time where we can't borrow any more mo
for years and believes the speaker wants to make a deal with president obama to avoid the fiscal cliff, but he's seen washington's dysfunction and has his doubts. >> he's somewhat just like the president. it's time to do ahead and do your job. >> speaker boehner is secure enough in his own district that his constituents will give him a free hand to negotiate. his bigger challenge is pulling together republicans from districts across the country behind any deal he ultimately strikes with president obama. >> carl, that's not just john boehner's job. it's also the job of eric cantor, the majority leader the on the democratic seed, harry reid and chuck schumer have to pull their flock behind any potential deal struck. that's not easy getting 60 votes the in the senate and the majority of the house. >> rangling cats on both sides, john. the president meeting with business executives at the white house, going to pennsylvania this week to visit a small business. all theater, or is there something bigger going on? >> he's trying to put pressure on the congress and generate more stakeholders. h
laughed out loud thursday when he saw president obama's latest plan to avoid a middle-class tax increase. republicans are demanding more spending cuts. >>> and just as millions of americans shop online, rely on their gifts to be shipped by the holidays, the biggest seaports in the country are at a virtual standstill. union workers at the los angeles and long beach terminals are on strike. protesting outsourcing of jobs. 40% of all u.s. imports come through those terminals. negotiations are set to resume today. >>> very unusual scene just south of there, in san diego. an out-of-control truck slammed into a fire hydrant, sending water shooting cinematically 30 feet into the air. like a geyser. the truck actually plowed into a bar, leaving a gaping 11-foot hole in the wall. thankfully, no one was hurt. >>> now, here's diane sawyer, with a preview of tonight's "world news." diane? >> josh, great to talk to you on this friday. happy weekend to everyone on "gma." and coming up on "world news," please meet this young woman. i think you'll never forget her. an amazing story that teaches every on
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